$650,000 - 4563 Ryerson Crescent, Niagara Falls
Detached for Sale in Niagara Falls
85 days on market- MLS Number
- X12925978
- Property Type
- Detached
- Status
- active
- Days on Site
- 85
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Niagara Falls
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY CAPITAL REALTY
Investment alert! Detached 1.5-storey home in the Downtown core being converted to a legal duplex. Prime location walking distance to University of Niagara Falls Canada, schools, parks,and transit-ideal for high rental demand. 2025 building permit issued with final inspections pending. Configured as two independent units, each with private entrance and laundry.Unit 1 (Main/Basement): Bright open-concept, contemporary kitchen with granite counters/peninsula, and stainless appliances. Features exclusive use of the backyard, covered deck, and a waterproofed basement with a nearly finished bedroom. Unit 2 (Upper/Loft): Multilevel layout with master bedroom/ensuite, additional bathroom, and new kitchen. The finished loft serves as a spacious living room.Exterior refinished with stucco (2020). Upgrades: plumbing, furnace, doors, porch, fencing,new driveway, hardwood floors, and LED pot lighting. HVAC meets current OBC requirements.Fenced yard with gazebo and detached shed. Parking for 3 plus 36-amp EV charging cable.The heavy lifting is done! Plumbing, framing, and basement egress window inspections have all passed for both units. Unit 2: Electrical passed; ready for final fire separation. Unit 1:Ceiling work is the final phase, including electrical, installation of new fire-rated pot lights, and fire separation. Minor interior finishes remain, including bathroom tiling,widening one interior door, and installing smoke/CO detectors and two sprinkler heads in the basement.
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Niagara Falls
Niagara Falls is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Niagara Falls
- •Convenient location in Niagara Falls
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Niagara Falls offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
4563 Ryerson Crescent, Niagara Falls
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $591/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 85 days on site, this property has exceeded the typical selling timeline for Niagara Falls. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Niagara Falls are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Niagara Falls properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.